Behind the Scenes of Taiwan Semiconductor's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have adopted a bearish approach towards Taiwan Semiconductor (NYSE:TSM), as revealed by Benzinga's options scanner. The scanner highlighted 9 extraordinary options activities, with 55% of the sentiment being bearish. The price window eyed by these investors ranges from $120.0 to $160.0. TSM's stock is currently down 1.48% at $152.66.
June 04, 2024 | 2:01 pm
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Deep-pocketed investors have shown a bearish sentiment towards Taiwan Semiconductor (NYSE:TSM), with 55% of the recent options activities being bearish. The stock is currently down 1.48% at $152.66.
The significant bearish sentiment among deep-pocketed investors, as indicated by the options activities, suggests a potential short-term downward pressure on TSM's stock price. The current stock price decline of 1.48% further supports this outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100